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Mergers & Acquisitions

ACL becomes wholly owned subsidiary of ABL

Ashoka Buildcon Limited (ABL) has acquired the stakes held by investors, Macquarie SBI Infrastructure Investments and SBI Macquarie Infrastructure Trust, in Ashoka Concessions Limited (ACL). ABL acquired 0.34 million equity shares held by the investors, […]

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InvITs/REITs

NHAI initiates process to set up RIIT

The National Highways Authority of India (NHAI) is in the process of setting up Raajmarg Infra Investment Trust (RIIT) as the authority’s public infrastructure investment trust (InvIT). This public InvIT will be NHAI’s second InvIT, […]